Indian Economy: Old Wine in New Bottle!

My friends you all are right, however I would like to share an example here - If you see the economic status - The Indian currency has plunged a little over 13 percent so far in the month of August alone to mark its worst monthly fall since the year 1993.

This great fall was seen due to some decisions taken in parliament in last 2-3 days. Those decisions are just going to profit the people who are marked at lower class or we can say people living in rural areas or the poor people. However, the actual public who can stabilize the conditions are not being assured for their health and wealth.

When our current government took over the positions, they were expected to bring growth and which they brought, however their strategies were different, still I think it was correct to some extent as we saw a great foreign investment in India. However, overall what we saw is development of literate people, people who are aware of economic conditions and who can predict the future values.

Since investors are looking ahead for their profits and also towards the stability of INR, the government Has been unable to assure the investors for their future profits. The reason why I mentioned this is, the Indian economy now depends on the foreign investment and not on domestic investors as they have never been profited as per their expectations.

Indian economy can only be stabilized if investors invest in India, may it be foreign or domestic. And this can only be done when correct decisions are taken by government To ensure people investing in India are being profited.

I'm Revathy, Indian economy not properly used because of corruption, corruption is the main demerits of our country, if may be corruption is reduced, our country became an well developed country. Finally I conclude that people chosen good politician.

According to me, we can not blame to the Indian government. We can blame our political part. Because they are fully dependent of the Indian economy if they increased our economy then nobody person can't poor or unemployment. But the reasons is leader can't do this if everyone is become a employees, nobody ask to the leader because everyone are dependent on himself. So we can say India is shining it top level even not based if we improve our based or agricultural than it is possible that Indian economy will be improve.

Thanks.

I would say yes that older wine taste much better than the new one. Old politicians should be there as they have more experinced than the youngster and at the same time youngster should also be given chance to be in politics for there fresh and new ideas. And all those who go abroad for higher packages, salary or education should study in India. And one most important thing is only those persons who go abroad for there job and pay taxes there are not the only persons whose paying will be helpful for the govt here in India there are lots more people who keep black money and they don't pay taxes even so that should be corrected first.

Hi.

I agree with all of you but as my point of view we can't blame on other peoples. We'll have to change ourself as a part of our country for the improvement of our country. I think Indian economy is a old wine in a new bottle. We are the young generation & we have to take initiatives. It's time for youngers Thank you.

Certainly agreed with everybody, the graph of Indian economy is incresing day by day. Politician who had good past record they should be given chance. Otherwise some faces should come come forward who think they can serve the country in better way, who can really built corruption free India.

Friends, Our govt want to put strict rules, then every one want to follow that rules. Who all are not following that rules, govt want to give big punishment. So that corruption will reduce in our country. When the corruption start to reduce, country it will grow as much as fast. No doubt in that.

I totally agree with my friends about economy is just old wine in new bottle. Instead of taking example of politicians. We should focus on our real life example because we are part of nation.

As many of us stated it is bad or else but what is real problem is as per standard of living we concentrated more on cold drinks rather than juices this is just example to demonstrate. As you aware of all things that are happening in society. Conclusion of all this we are responsible and we must support it.

It may be savy it sector of india is not so good but there in us it may be good because of the working rockstars r indians..u knw one thing 40 percent reduction in the number of students going abroad in the last two years..u can imagine how many rocking stars are leaving india..if they were work for india then india will be in the top most place..

Indian economy is certainly going at a great pace, we are ahead in many sectors of economy, our infrastructure, our agriculture, our education system and many other streams of development growth Syntex are far far progressive in comparison to other countries economy, we are second to none.